Lawmakers Approve New Move-to-Vermont Incentive Program
Tuesday, May 28, 2019
Posted by: Jeff Couture
On Friday, the House and Senate approved a workforce development bill that includes nearly $2 million for various new attraction or training initiatives.
On Jan. 1, the state started reimbursing people up to $10,000 if they move to Vermont to take remote jobs. New next year, under H.533, is a program that will reimburse workers up to $5,000 in some areas of the state and $7,500 in places where workers are needed most. Acknowledging that employers cite the worker shortage as one of their greatest hurdles to growth, the new program is for people who take jobs within Vermont.
Even if the new workers arrive with a job in mind, the program will help Vermont companies, said Justin Worthley, senior vice president of human resources at Burton, which has 400 employees in Burlington.
“Maybe they’ll have a spouse with them who is looking for a position,” Worthley said. “Anything and everything the state is doing to get a better workforce base in the state is positive. I think this is pretty brilliant strategy.”
The new worker program was an initiative created by Gov. Phil Scott’s administration last year after the remote worker program generated thousands of enquiries.
The measure that came out of the Senate Committee on Economic Development, Housing and General Affairs contains $1.95 million for the actual incentives, as well as another $225,000 in marketing funds that can also be used for incentives if necessary.
Anyone who moves to Vermont to take a Vermont job for any length of time would qualify for reimbursement of some moving expenses. People who move to areas where the labor shortage is most extreme, including the White River Junction, Burlington, and Montpelier areas, will be eligible for up to $7,500 in reimbursements.
Read the full VTDigger article.